Russia has warned Finland and Sweden against joining the NATO, saying there would be consequences.
Finland's President Sauli Niinistö and Prime Minister Sanna Marin announced their support for joining NATO. The Nordic country should apply to join the defense alliance "without delay," the leaders said in a joint statement Thursday.
Addressing the European Parliament's Committee on Foreign Affairs later in the day, Finnish Foreign Minister Pekka Haavisto said the accession of Finland to NATO would strengthen the security of the Baltic Sea region and northern Europe.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.